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Stock Market & Financial Investment News

News Breaks
February 26, 2013
16:52 EDTBBYBest Buy delays earnings as it waits for Shulze, Bloomberg says
Best Buy (BBY) postponed its Q4 earnings release by one day until March 1 to see whether founder Richard Schulze bids for the company. The company “wants to allow for the expiration of the period of time that Schulze has to respond to the company,” said a company spokesman, by telephone. Best Buy had originally planned to report earnings Feb. 28, the deadline for Schulze to make an offer, says Bloomberg Businessweek. Reference Link
News For BBY From The Last 14 Days
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September 15, 2014
11:09 EDTBBYRadioShack rises after CFO resigns, analyst suggests Amazon should buy stores
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06:24 EDTBBYRadioShack liquidation could lift Best Buy comps, says Deutsche Bank
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September 11, 2014
07:13 EDTBBYSome retailers wary of Apple Pay platform, Reuters says
Apple (AAPL) Pay's success is dependent on incorporating more large retailers such as Wal-Mart (WMT) and Best Buy (BBY) into the service, but both retailers recently ceased accepting payments using NFC terminals, according to Reuters, citing comments from Best Buy spokesman Jeff Shelman. Shelman said, "At this point we have no plans to accept Apple Pay." Reference Link
September 8, 2014
06:21 EDTBBYSmartwatch market to reach $10B by 2018, says Citigroup
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